Japanese steelmakers worry about auto boycott in China
Oct 09, 2012 | 12:03 PM
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Tags
Japan steelmakers,
China boycott,
automobile sales,
Suzuki,
Toyota Motor,
Nissan,
Honda,
Japanese autos
TOKYO — Japan’s steelmakers are concerned about a huge drop in Japanese auto sales in China as the country’s consumers boycott Japanese goods.
"Of course we are worried about the situation in China," one industry executive told AMM sister publication Steel First. "We have not yet felt any direct impact, but clearly if sales of Japanese cars continue to fall and makers are forced to cut output for any length....
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